Re:AI and Blockchain: An Introduction
by gaius on Sunday July 22, 2018 @08:20AM
(#17586380)
For most people in the world, a reliable $10/month to cover their Netflix subscription or buy them a meal would be something they'd be very happy about.
Your personal data has a cash value only because it can be used to influence future purchasing decisions. It's a simple equation, $x worth of personal data has a y% chance of generating sales worth >$x. It therefore stands to reason that the market value of the personal data of a person who doesn't have as much purchasing power will be less, and may not even cover the cost of stealing and then processing it.
Your personal data has a cash value only because it can be used to influence future purchasing decisions. It's a simple equation, $x worth of personal data has a y% chance of generating sales worth >$x. It therefore stands to reason that the market value of the personal data of a person who doesn't have as much purchasing power will be less, and may not even cover the cost of stealing and then processing it.